Western Forest Products announces election of seven director nominees to board, including Daniel Nocente, who has held a number of senior roles with forest products companies in British Columbia
VANCOUVER, British Columbia
May 8, 2014
– Western Forest Products Inc. ("Western") (TSX:WEF) today announced that, at the annual general meeting of shareholders held earlier today, each of the seven nominees listed in the management information circular dated March 31, 2014 were elected as directors of Western. The detailed results of the vote are set out below.
*As the vote on this matter was taken by a show of hands, the number of votes disclosed reflects only the proxies received by management of Western in advance of the meeting.
"I am pleased to announce the election of Daniel Nocente to our Board of Directors. Mr. Nocente has held a number of senior roles, including vice chairman of Corporate and Investment Banking with National Bank Financial Inc., and vice chair and BC Geography Head with RBC Dominion Securities. Throughout his career Mr. Nocente has been a strategic advisor to a number of B.C. forest products companies, advising on acquisitions and capital markets activity," said Lee Doney, Chairman of the Board.
Western Forest Products
Western is an integrated Canadian forest products company and the largest coastal British Columbia woodland operator and lumber producer with an annual available harvest of approximately 6.4 million cubic metres of timber of which approximately 6.2 million cubic metres is from Crown lands and lumber capacity in excess of 1.1 billion board feet from eight sawmills and three remanufacturing plants. Principal activities conducted by the Company include timber harvesting, reforestation, sawmilling logs into lumber and wood chips and value-added remanufacturing. Substantially all of Western's operations, employees and corporate facilities are located in the coastal region of British Columbia while its products are sold in over 25 countries worldwide.